Step by step: from gathering documents to submitting your claim to the court.
When can you submit a damage claim?
You can submit a damage claim when you have demonstrably suffered financial damage due to the unlawful actions of an investment company or its directors. The conditions are: there is an unlawful act (fraud, deception, breach of contract), damage has been suffered (your lost investment), and there is a causal link (without the unlawful act, you would not have invested).
What documents do you need?
Gather as much relevant documentation as possible: the original contract or investment agreement, bank statements showing your payments, received brochures and information leaflets, all correspondence with the investment company (letters, emails, text messages), any previously obtained advice or reports, and certificates or proofs of participation. The more complete your file, the stronger your position.
Calculation of damages
Your damage primarily consists of your investment loss — the total amount you invested and did not get back. On top of that, you can claim statutory interest on this amount and compensation for demonstrably incurred costs.
Pay attention to the statute of limitations
Damage claims can expire. The standard limitation period is five years, but the starting point can be complex. Therefore, do not wait too long before taking action.
Via Foundation BFRG
The simplest and most effective route is registering with Foundation BFRG. We take the paperwork, the investigation, and the legal procedure off your hands. You do not have to find a lawyer or draft summons yourself. We bundle your claim with those of other victims and conduct the procedure collectively.
